Monday, 7 November 2011
Addressing the BJP Mahila Morcha, Delhi State level workers meeting Shri M. Venkaiah Naidu (Former President)
Lambasted the Congress and the UPA and asked why the Congress President is silent on the burning issue of Price rise.
Hike is the word of the year.
Every one fears when next hike will be. Interest rates on bank loans, hike in fuel prices, hike in inflation rate, EMI – all are turning Aam Addmi’s budget into a night mare. Food inflation increased by 50% cumulatively for the last 3 years. It’s like a night mare for common man. Mr. Naidu said oil prices were increased 22 times, interest rates 13 times, Fertilizer prices 6 times were hiked and now PM says further deregulation is required – horrible -
Home loans have become a huge burden. It is squeezing house hold budget over the past a year and half. In 2006, the floating interest rate was 7.25%, today the rate stands at 12.5%, an increase by 50%.
The latest hike is a harsh blow for the middle class. In June 2010, the petrol price was Rs 52 per litre, now it is Rs 76.40.
There is a proposal to increase the prices of diesel, kerosene and LPG too again.
The situation is caused by wrong economic policies of this government.
The Prime Minister’s statement is an indication that this government has become thick-skinned and insensitive to the sufferings of the people.
The allies cannot escape from the responsibility. Mere threats will not suffice. There is no meaning in complaining about repeated unilateral decisions. Fake protests by the UPA allies will not serve any purpose.
If they have commitment they should exert pressure for roll back or pullout of government, Mr. Naidu said.
Worst ever anti people govt India ever had, the first place goes to UPA govt. it has not only failed in all fronts but involved neck deep in corruption, scams and scandals, betrayed the common man (Aam Aadmi) on the prices front – Mr. Naidu charged.
Smt. Sikha Rai, President Mahila Morcha presided over the meeting. Shri Pawan Sharma, Prabhari also addressed the gathering. 500 Mahila delegates from 14 districts attended the meeting